FCMM Retirement PlanParticipation in the FCMM Retirement Plan is available to pastoral and lay staff serving in the Evangelical Free Church of America. FCMM is designed to provide an eligible participant with retirement income generated from contributions deposited on behalf of the staff member by participating churches and organizations.The Advantages of Using FCMMClick here to read why it's a great idea to particiapte in the FCMM Retirement Plan.Investment OptionsParticipants have the option of participating in four different investment programs. Click on any program for a description of that program. The Retirement Income Program (FCMM's basic program)The Stock Investment Retirement Program (More aggressive investing)Two Salary Reduction Savings Programs (Additional employee contributions)
Enrollment FormsClick here for an FCMM Enrollment Packet with all the latest information. Church Treasurers sometimes need a copy of the CHURCH RESOLUTION. Click here for a copy of that form. Participant sometimes need a SALARY REDUCTION SAVINGS form. Click here for a copy of that form. Plan Document
Click here to download an abbreviated version of the FCMM Plan document. Click here to download the full plan document. It is a very large file.
|
Why Should I Use the FCMM Retirement Plan?There are several great reasons to open an FCMM Retirement Plan account. For one thing, your retirement income from FCMM can be declared a housing allowance during retirement and once again be non-taxable. Click here to read more about this unique housing allowance provision and discover other reasons for using FCMM.Performance ReportThe performance of FCMM's investments are reviewed by the FCMM Board of Trustees and published on a regular basis. Click here to view the report for the year ending on December 31, 2007.Pastoral Care Ministries 901 East 78th Street Minneapolis, MN 55420 (800) 745-2202 toll-free (952) 853-1773 pastoralcare@efca.org |